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Features & benefits

A flexible savings account designed to help you achieve your savings goals, your way.
$0 monthly account keeping fees
Your money's yours to spend how you like.
No maximum balance
Earn the same rate on all balances no matter how much you save.
Anywhere, anytime access
Using Online Banking, Mobile Banking, telebanking and SMS alerts.
Simple competitive rate
One great interest rate with no bonus interest conditions no matter how you use your account.
SMART TOOLS
Clever ways to save
The Vault

Avoid the temptation to dip into your savings by hiding your account in The Vault.

The Boost

Save every time you spend with The Boost.

Notifications

Set up notifications and always know what's happening with your accounts.

The process
1. Apply online
It should take about five minutes. You will need proof of ID.
2. Manage your savings flexibly
Make regular or occasional deposits. Access your savings if you need to.
3. Watch your savings grow
Build your savings at a pace that suits you.
Eligibility
  • Must be at least 18 years of age
  • Must be a permanent resident of Australia

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Trusted by Australians for over 75 years.

Learn more about Great Southern Bank

Canstar Bank of the year Awards - 2021
DBM Australia Financial Awards - 2021
Originally
granted to CUA
Mozo Experts Choice - 2021
RateCity Bank Account Awards - 2021
Get in touch
We're here to help.
Call 133 282

Mon - Fri: 8:00am - 7:00pm (AEST)
Sat: 8:00am - 4:00pm (AEST)

Find a branch
Speak to one of our friendly staff at a branch near you.
Connect online
Chat to us or browse help topics and FAQs.
FAQS

Frequently asked questions

Who is Great Southern Bank?

Great Southern Bank is the trading name of Credit Union Australia Limited (CUA), Australia’s largest Customer Owned Bank. You may have previously known us as CUA.

For over 75 years we’ve helped our customers manage their money. We do this by providing clever products and smart tools that help you reach your financial goals sooner. Plus, being customer-owned means that our profits go back into our products and services, not shareholders.

We love helping people reach their financial goals and we can’t wait to help you reach yours, whatever they may be. Contact us to get started, we’re here to help!

How do I switch to Great Southern Bank?

Switching to Great Southern Bank is easier than you think and takes less than five minutes! All you need to do is open an account. It’s that simple.

Plus, we can help you switch your salary, direct debits, and regular payments to your brand-new Everyday Edge Account.

What bank accounts are available at Great Southern Bank?

Everyone is different, so it makes sense that we have more than one type of bank account.

Follow the links below to view our other bank accounts and find the one that suits you best.

Can I do my banking on my mobile phone?

Absolutely. Simply download our mobile banking app to do your banking anywhere from the convenience of your phone.

Can I do my banking online?

Yes. Great Southern Bank Online Banking is easy to use, convenient and secure. As a new customer you'll be set up with online banking as soon as you apply.

If you are already a customer, you can register for online banking in less than a minute and get started straight away.

How secure is mobile banking and online banking?

We take security very seriously and have several features to keep your online and mobile banking safe and secure.

For starters, you’ll always need your customer number and password to log in to digital banking. You can also take advantage of our special features for extra security and peace of mind.

Our key security features include:

While we take proactive steps to fight fraud, it’s important that our customers also take an active role in keeping their accounts secure.

Our online security checklist contains more tips and tricks to keep your account secure. And as always, never share your password with anyone.

Important Information

Rates current as at 22 July 2022 and subject to change.

Great Southern Bank, a business name of Credit Union Australia Ltd ABN 44 087 650 959, AFSL 238317. Conditions, fees and charges apply. This is general information and does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information, including the Terms and Conditions (T&Cs) booklet, before acting on it. The Financial Claims Scheme may apply to this product; refer to the T&Cs for more information.

Interest is calculated daily on whole balances and paid monthly.

To view the Target Market Determination for this product, please click here.